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Regal Health Plans issued a ten-year, 12 percent annual coupon bond a few years ago. The bond now sells for $1,100. The bond has a call provision that allows Regal to call the bond in four years at a call price of $1,060.
a. What is the bond's yield to maturity?
b. What is the bond's yield to call?
s how would this merger affect airline costs
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